Economy and Investment reveal the secret of delaying the passage of the protection product: There are no industry
He stressed the economic and investment commission in Parliament member Ahmed Kanani, Wednesday, that the reason for delaying the passage of the local product protection law is the lack of Iraqi products, noting that the Committee will be presented the law in the case of the development of the agricultural and industrial sectors.
He said Kanani's / scales News / "The reason for delaying the passage of the local product protection law is very clear, which is that Iraq did not possess a strong industry encourages the adoption of such a law," adding that "Iraq depends by 95% on foreign imports."
He asked a member of the economic and investment commission parliamentary "How that Iraq did not possess industry and agriculture and embark project local product protection law, despite the existence of a simple farming but do not meet the needs of the local market," pointing out that "the development of economic projects and the emergence of a strong local production will necessitate we pass protection law domestic product for the purpose of balancing the domestic market and the external market import ".
It is said that "the economic and investment commission in Parliament member Mohammed Abbas revealed to / scales News / earlier, for obliging the government ministries for activating and supporting national companies Baqrartha in order to support" national production "and to improve the level of the national economy to counter the threat of lower oil prices and fiscal deficits in State financial budgets ".anthy 29 n / 10
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